Rupay credit cards on UPI
- RuPay is a domestic card scheme in India, launched by the National Payments Corporation of India (NPCI). It competes with global card networks like Visa and Mastercard, but aims to promote digital transactions within India.
- UPI, or Unified Payments Interface, is a real-time payment system in India that allows users to transfer funds between bank accounts instantly, using a mobile app or web interface. UPI is also managed by NPCI.
- By linking their RuPay credit cards to UPI, users can access additional features like peer-to-peer payments, bill payments, and online shopping. Transactions on UPI are secured by two-factor authentication and a unique UPI ID (similar to an email address).
- Many banks in India now offer RuPay credit cards that are compatible with UPI. As of September 2021, at least 10 banks had enabled this feature.
- RuPay credit cards on UPI can be used for both online and offline transactions, subject to the usual transaction limits and security measures. Users can also set up recurring payments or scheduled transfers, and view their transaction history within the UPI app.
- Overall, the combination of RuPay credit cards and UPI can offer a convenient and secure way to manage digital payments in India, especially for users who prefer to avoid global card networks or want to support a domestic payment system.
| Bank | Rupay Credit Card on UPI |
|---|---|
| SBI | Yes |
| BOB | Yes |
| PNB | Yes |
| Union Bank of India | Yes |
| Indian Bank | Yes |
| Bank of Maharashtra | Yes |
| Canara Bank | Yes |
| IDBI Bank | Yes |
| Punjab and Sind Bank | Yes |
| Central Bank of India | Yes |
| Andhra Bank | No |
| Allahabad Bank | No |
| Corporation Bank | No |
| Dena Bank | No |
| Oriental Bank of Commerce | No |
| Syndicate Bank | No |
| United Bank of India | No |
Note: This table is accurate as of my knowledge cutoff date of September 2021. However, it is possible that there have been updates or changes to this information since then.
When you do a UPI Tranaction using Rupay Credit Card instead your bank account ,you get benefits of credit card ,you get 15 to 45 days credit period and reward point combine.
